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Samaras proposes free wi-fi as crisis antidote for young Greeks
PoliticsGreek Politicsthat he saw no “pressure” to sign a third bailout, that there would be growth next year, that he fully... mean they would not receive any further funding from central government, which would also not be responsible for covering their funding shortfalls any longer. However, the interview will probably
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The one question SYRIZA needs to answer
Agoraa small cash cushion, March saw a sizeable primary deficit of just under 1 billion euros... for Greece's funding over the period and until negotiations with Greece's creditors are settled. Being so... sizable funding hump that will need to be addressed irrespective of who is in power. Based
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Newsletter 95 - 11/11/2016
of the era that saw this transformation, was not the candidate to reconnect with those who felt left... funding fell by 3.53 billion from the previous month to 71.78 billion at the end of October, which... and the emergency liquidity assistance (ELA) funding by 2.24 and 1.29 billion, respectively. Since June
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Stock taking: Where is the Greek economy now?
Agora(which has incurred reforms and saw its wages fall)? We hope that we are simply mistaken about... of the largest recipients of this new funding facility, with over 30 billion euros in potential grants... of funding away from the public sector to the (private) capitalized systems. This creates an important
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Rising bond yields a concern, but not an immediate fiscal problem
Economyand a yield of 1.83 pct, doubling last year’s inaugural 10-year bond. The PDMA saw a window... the most favourable funding conditions in its history. In 2021, Greece completed seven international.... Funding costs were at historic lows, with the 5-year reopening in last September reaching as low as 0.02
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Opposition takes aim at justice minister over offshore holdings amendment
PoliticsGreek Politicsthat it was based on the findings of the official rail safety investigators. PASOK is planning to call... to the causes of a fire on the crash site. Government officials welcomed the findings, claiming they dealt.... Floridis called for the opposition to apologise in light of the new findings for taking advantage
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Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead
AgoraFokion Karavias in the conference call for Q2 results. He revealed the bank’s preliminary targets... from last year. The improvement mostly reflects lower wholesale funding cost, stemming from the reduced reliance on the Emergency Liquidity Assistance (ELA) funding coupled with lower holdings
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Where did all the money go?
Agoradeteriorating loan portfolios as a result of the deep crisis which saw non-performing loans soaring... allocation to the Greek state’s operating needs was just 11 percent of the total funding, at circa 27..., to the tune of 2.3 billion euros. The breakdown of how the programme funding was allocated clearly
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Greece stands on fault line between vicious and virtuous cycles for 2016
Agora. After a year during which Greece nearly saw it all, it could use some dull moments to get back... government with little choice but to start scraping the bottom of the funding barrel very early... surplus leads to a net financing need of 3 billion. The most probable source of funding while
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Newsletter 78 - 17/06/2016
to emotion carry immense power. As we saw last year in Greece, with the overwhelming win... Emergency Liquidity Assistance (ELA) funding. The bank will also apply for the repayment of the 2.03... works projects and allocation of European Union funding owed much to the worn out recipe of his
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